4151 Mercer University Dr - Retail FOR SALE


Macon-Bibb, GA 31204
$2,500,000 USD
4151 Mercer University Dr, Macon-Bibb, GA for Sale
$2,500,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

4151 Mercer University Dr
Macon-Bibb, GA 31204


OVERVIEW

Liquor / Convenience Store for Sale — Business and Real Estate Offered Together. The business reports annual gross sales of approximately $1,929,401 with net income of approximately $429,000. The property consists of a 5,000 SF freestanding building, constructed in 2001 per county records. This business is already generating $1.9–$2.1 million in annual sales under absentee ownership. A hands- Inventory is excluded from the purchase price and is estimated at approximately $500,000. The building is divided into two operating sections: one functioning as a liquor store, and the other as a convenience store featuring COAM machines. The business demonstrates consistent historical performance, including: • Annual gross sales of approximately $1.9M–$2.1M • 78,000–89,000 transactions per year • Average ticket size of $24–$26 • Credit card sales of approximately $1.1M–$1.2M annually The store is currently operated by absentee ownership, creating meaningful opportunity for improvement. On annual sales of approximately $1.9 million, a hands-on buyer can materially increase profitability through operational efficiencies: • 3% margin improvement = approximately $57,000 annually • Payroll optimization = approximately $50,000–$80,000 annually • Improved inventory control and shrink reduction = approximately $20,000–$30,000 annually Additional upside exists through active COAM management, including renegotiating revenue splits, optimizing machine mix, improving placement, and increasing foot-traffic conversion. These initiatives can realistically generate an additional $30,000–$70,000 in annual net income without increasing sales volume. With operational improvements, net income can reasonably be increased to $280,000–$320,000, which materially enhances cash flow and positions the business for a potential exit valuation exceeding $1.0 million above current levels. Key investment highlights include absentee operation, proven sales volume, strong credit-card penetratio.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$568 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

C-1

APN/PARCEL ID

M081-0148

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Judy ChinVirtual Properties RealtyMore Info

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